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Arab National Bank (SAU:1080) E10 : ﷼1.84 (As of Mar. 2024)


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What is Arab National Bank E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Arab National Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ﷼0.615. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ﷼1.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arab National Bank's average E10 Growth Rate was 5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-06-04), Arab National Bank's current stock price is ﷼20.46. Arab National Bank's E10 for the quarter that ended in Mar. 2024 was ﷼1.84. Arab National Bank's Shiller PE Ratio of today is 11.12.

During the past 13 years, the highest Shiller PE Ratio of Arab National Bank was 16.20. The lowest was 9.18. And the median was 11.67.


Arab National Bank E10 Historical Data

The historical data trend for Arab National Bank's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Arab National Bank E10 Chart

Arab National Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.59 1.70 1.79

Arab National Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 1.76 1.79 1.79 1.84

Competitive Comparison of Arab National Bank's E10

For the Banks - Regional subindustry, Arab National Bank's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arab National Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Arab National Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Arab National Bank's Shiller PE Ratio falls into.



Arab National Bank E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Arab National Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.615/131.7762*131.7762
=0.615

Current CPI (Mar. 2024) = 131.7762.

Arab National Bank Quarterly Data

per share eps CPI Adj_EPS
201406 0.395 100.560 0.518
201409 0.375 100.428 0.492
201412 0.315 99.070 0.419
201503 0.385 99.621 0.509
201506 0.420 100.684 0.550
201509 0.380 100.392 0.499
201512 0.295 99.792 0.390
201603 0.375 100.470 0.492
201606 0.410 101.688 0.531
201609 0.360 101.861 0.466
201612 0.280 101.863 0.362
201703 0.385 102.862 0.493
201706 0.425 103.349 0.542
201709 0.390 104.136 0.494
201712 0.320 104.011 0.405
201803 0.405 105.290 0.507
201806 0.375 106.317 0.465
201809 0.368 106.507 0.455
201812 0.915 105.998 1.138
201903 0.390 107.251 0.479
201906 0.450 108.070 0.549
201909 0.420 108.329 0.511
201912 0.263 108.420 0.320
202003 0.323 108.902 0.391
202006 0.240 108.767 0.291
202009 0.338 109.815 0.406
202012 0.135 109.897 0.162
202103 0.293 111.754 0.345
202106 0.240 114.631 0.276
202109 0.330 115.734 0.376
202112 0.225 117.630 0.252
202203 0.323 121.301 0.351
202206 0.353 125.017 0.372
202209 0.458 125.227 0.482
202212 0.398 125.222 0.419
202303 0.533 127.348 0.552
202306 0.495 128.729 0.507
202309 0.540 129.860 0.548
202312 0.465 129.419 0.473
202403 0.615 131.776 0.615

Add all the adjusted EPS together and divide 10 will get our e10.


Arab National Bank  (SAU:1080) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Arab National Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.46/1.84
=11.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Arab National Bank was 16.20. The lowest was 9.18. And the median was 11.67.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Arab National Bank E10 Related Terms

Thank you for viewing the detailed overview of Arab National Bank's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Arab National Bank (SAU:1080) Business Description

Traded in Other Exchanges
N/A
Address
Arab National Bank, P.O. Box 56921, Riyadh, SAU, 11564
Arab National Bank is a commercial banking service provider based in Saudi Arabia. Its core business comprises commercial, Islamic, and investment banking services. The company's business is divided into business segments; the Retail banking segment includes Deposit, credit, and investment products for individuals and the Bank's London branch, and the Corporate banking segment includes Loans and advances, deposits, and other credit products for corporate and institutional customers, small to medium-sized businesses.

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